Vinyl leads the Unmade Index after positive cashflow report

Hal Crawford

January 20, 2026 4:47

Vinyl Group has become cashflow positive according to an ASX filing, but has gone quiet on an earlier break-even EBITDA target for the quarter ended December 31.

Vinyl reported this morning that more money came into the business than went out for the first time between October and December 2025, with a resulting +4.71% bump in the share price today.

The music and technology group recorded $7.2m in cash receipts, a record quarter and up 36% year-on-year. In line with previous statements, Vinyl said it expected full-year revenues to be $22m – $25m.

Vinyl CEO Josh Simons delivering an unconventional investor update

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Hal Crawford

Crawford has worked across news media over a 30-year career, including running Ninemsn editorial in Sydney (editor-in-chief and publisher) and the TV3 newsroom in Auckland (chief news officer).

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